Stablecoin Issuer Circle Receives Digital Token License in Singapore

The issuer of USDC received in-principle approval in November last year.Source

Cathie Wood’s ARK Buys $21.6M Coinbase Shares as SEC Suit Sends Stock Tumbling

The purchase took ARK Invest’s total Coinbase holdings to 11.44 million shares.Source

U.S. Court Tells SEC to Respond to Coinbase’s Rulemaking Petition Within a Week

A U.S. judge has ordered the SEC to respond to Coinbase’s rulemaking petition or explain why it shouldn’t.Source

First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says

ALSO: Why Binance’s alleged co-mingling of assets isn’t the same as FTX’s alleged co-mingling of assets.Source

Atomic Wallet Was Breached by North Korean Hackers: Elliptic

Wallets that siphoned Atomic users’ funds are connected to the known Lazarus group’s addresses, crypto tracing firm said.Source

SEC’s Latest Crackdown Could Drive Crypto Firms Out of the U.S.

Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere.Source

SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets

The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday.Source

Bitcoin Rallies Above $27K as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase

Cryptocurrencies recovered some of their losses a day after Monday’s sell-off when the U.S. Securities and Exchange Commission sued Binance and deemed multiple altcoins unregistered securities.Source

Gary Gensler’s Evolving Position on Crypto – in Quotes

The SEC chair has gone from supporting the technology at MIT to a full-swing offensive on the crypto industry.Source

Coinbase Shares Slump After SEC Files Suit Against Company

Coinbase’s stock (COIN) took a major hit on Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law.Source